ALL these patterns, wicks, parabolic runs play with our thinking behavior to thiese markets.
If youi pay close attention to my TA you will see how each bullrun is moving SLOWER AND SLOWER and much more parabolic during each bullrun
Have a whale mindset; not average joe. If you had MILLLIONS of $$ would you buy at these levels $7200? I hope not, Once allll Dumb Money finally go long, which is this current wave, the Whales will pull out and go SHORT. It will cause panic sellers, depression causing price to reach even lower levels
Don't forget to leave a LIKE and post your thoughts below!
Goood luck to all!
Go check my LATEST analysis!
even though I (was) am not as bear as you are here is what I thought before
maybe I should reconsider the next bear move. This spike was not good nor healthy for the market cycle... Now I also think that it is more likely to have a more extended bear season. The price fall below 1000? I still do not know. Good work!
that's my plan.
Good luck to us all!